Hans Wijers, CEO of AkzoNobel, and Keith Nichols, CFO, held a press conference to discuss the company's Q2 2011 results. Revenue was up 8% driven by volume and pricing increases, however raw material inflation and challenging market conditions lowered EBITDA to €551 million. The outlook for 2011 expects full-year EBITDA to be at least in line with 2010, assuming no further deterioration in economic conditions. The company continues investing in growth, innovation, and emerging markets to achieve its strategic goals.
- Revenue for 2011 was up 7% driven by pricing actions to offset higher raw material costs, but weaker end markets and inflation impacted results
- EBITDA for 2011 was 9% lower at €1,796 million, and net income from continuing operations was €469 million compared to €664 million in 2010
- A performance improvement program is on track to address challenges from the economic environment and volatile raw material costs in 2012
AkzoNobel Q4 and Full Year 2011 Media PresentationAkzoNobel
The company reported a 7% increase in revenue for 2011 but EBITDA fell 9% due to weaker end markets and cost inflation. Q4 revenue rose 5% while EBITDA declined 20% impacted by weaker demand, unfavorable product mix, and higher raw material costs. The company is implementing further price increases and its performance improvement program remains on track.
The document provides an investor update on Q2 2012 results. It highlights that revenue increased 8% to €4.4 billion driven by pricing actions and currencies, while volumes declined 2% due to economic slowdown in Europe. EBITDA margin was 13.5%, flat compared to prior year. The performance improvement program is on track to support EBITDA. Decorative Paints revenue grew 6% on pricing despite volume declines. Performance Coatings revenue rose 12% from acquisitions and pricing. Specialty Chemicals revenue increased 6% from pricing and acquisitions.
- SKF reported strong financial results in Q1 2011, with operating profit of SEK 2,504 million, up from SEK 1,702 million in Q1 2010. Organic sales growth was 21.4% in local currency.
- Demand is expected to be significantly higher in Q2 2011 compared to Q2 2010, though manufacturing levels are expected to remain relatively unchanged from Q1 2011.
- SKF divested two non-core manufacturing businesses in line with its strategy and continues investing in new factories and partnerships.
The document provides an investor update on AkzoNobel's Q3 2012 results. It includes the following key information:
1) EBITDA was up 7% at €540 million despite a 3% decline in volumes primarily due to the economic slowdown in Europe. Revenue was up 6% mainly driven by currencies and pricing actions.
2) A €2.5 billion impairment charge related to Decorative Paints intangible assets resulted in a net loss of €2.4 billion for the quarter. Adjusted EPS was €1.01.
3) The performance improvement program is on track but the economic environment remains a principal sensitivity given the continued weak demand and cautious customer ordering patterns.
Royal Wessanen nv reported financial results for Q3 2011. Autonomous revenue growth was 8.0% driven by strong performances in Grocery and ABC segments. Normalized EBIT increased to €6.2 million due to revenue growth and higher margins. Going forward, the company remains cautiously optimistic as it continues executing its strategy to improve performance across business segments.
- SKF reported strong financial results in Q2 and H1 2011, with operating profit, margins, and sales all up significantly year-over-year.
- Organic sales growth was 14.2% in Q2 and 17.6% in H1 across all regions and divisions.
- The outlook for Q3 2011 calls for demand and manufacturing levels to be higher than the previous year and relatively stable sequentially.
1) SKF reported financial results for the first quarter of 2012, with sales of 16.9 billion SEK, operating profit of 2.1 billion SEK, and net profit of 1.3 billion SEK.
2) Organic sales growth was 1.1% overall, with increases in North America, Latin America, and declines in Europe and Asia.
3) For the second quarter of 2012, SKF expects demand to be slightly higher overall compared to Q1 2012, with unchanged or higher demand in most regions.
- Revenue for 2011 was up 7% driven by pricing actions to offset higher raw material costs, but weaker end markets and inflation impacted results
- EBITDA for 2011 was 9% lower at €1,796 million, and net income from continuing operations was €469 million compared to €664 million in 2010
- A performance improvement program is on track to address challenges from the economic environment and volatile raw material costs in 2012
AkzoNobel Q4 and Full Year 2011 Media PresentationAkzoNobel
The company reported a 7% increase in revenue for 2011 but EBITDA fell 9% due to weaker end markets and cost inflation. Q4 revenue rose 5% while EBITDA declined 20% impacted by weaker demand, unfavorable product mix, and higher raw material costs. The company is implementing further price increases and its performance improvement program remains on track.
The document provides an investor update on Q2 2012 results. It highlights that revenue increased 8% to €4.4 billion driven by pricing actions and currencies, while volumes declined 2% due to economic slowdown in Europe. EBITDA margin was 13.5%, flat compared to prior year. The performance improvement program is on track to support EBITDA. Decorative Paints revenue grew 6% on pricing despite volume declines. Performance Coatings revenue rose 12% from acquisitions and pricing. Specialty Chemicals revenue increased 6% from pricing and acquisitions.
- SKF reported strong financial results in Q1 2011, with operating profit of SEK 2,504 million, up from SEK 1,702 million in Q1 2010. Organic sales growth was 21.4% in local currency.
- Demand is expected to be significantly higher in Q2 2011 compared to Q2 2010, though manufacturing levels are expected to remain relatively unchanged from Q1 2011.
- SKF divested two non-core manufacturing businesses in line with its strategy and continues investing in new factories and partnerships.
The document provides an investor update on AkzoNobel's Q3 2012 results. It includes the following key information:
1) EBITDA was up 7% at €540 million despite a 3% decline in volumes primarily due to the economic slowdown in Europe. Revenue was up 6% mainly driven by currencies and pricing actions.
2) A €2.5 billion impairment charge related to Decorative Paints intangible assets resulted in a net loss of €2.4 billion for the quarter. Adjusted EPS was €1.01.
3) The performance improvement program is on track but the economic environment remains a principal sensitivity given the continued weak demand and cautious customer ordering patterns.
Royal Wessanen nv reported financial results for Q3 2011. Autonomous revenue growth was 8.0% driven by strong performances in Grocery and ABC segments. Normalized EBIT increased to €6.2 million due to revenue growth and higher margins. Going forward, the company remains cautiously optimistic as it continues executing its strategy to improve performance across business segments.
- SKF reported strong financial results in Q2 and H1 2011, with operating profit, margins, and sales all up significantly year-over-year.
- Organic sales growth was 14.2% in Q2 and 17.6% in H1 across all regions and divisions.
- The outlook for Q3 2011 calls for demand and manufacturing levels to be higher than the previous year and relatively stable sequentially.
1) SKF reported financial results for the first quarter of 2012, with sales of 16.9 billion SEK, operating profit of 2.1 billion SEK, and net profit of 1.3 billion SEK.
2) Organic sales growth was 1.1% overall, with increases in North America, Latin America, and declines in Europe and Asia.
3) For the second quarter of 2012, SKF expects demand to be slightly higher overall compared to Q1 2012, with unchanged or higher demand in most regions.
Metso Corporation Interim Review January - March 2012 presentationMetso Group
The document provides an interim review of Metso Corporation for the first quarter of 2012. Some key highlights include:
- Order intake was strong at EUR 1,920 million, up 4% year-over-year. Net sales increased 22% to EUR 1,755 million.
- EBITA before non-recurring items was EUR 140 million, up 14% compared to Q1 2011.
- The mining and construction segment performed well with a 47% increase in EBITA. Automation profitability was weak.
- Cash flow was strong with free cash flow of EUR 116 million and cash conversion of 135%. The balance sheet remains solid.
The SKF Group reported strong financial performance in Q4 2010, with operating profit of SEK 2,202 million compared to SEK 1,004 million in 2009. Organic sales growth was 17.2% overall and in all divisions and regions. The acquisition of Lincoln Industrial was completed. The outlook for Q1 2011 was for significantly higher demand and manufacturing levels compared to Q1 2010.
Barclays Global Financial Services Conference, Fredrik Rystedt Nordea, New Yo...Nordea Bank
- GDP growth in the Nordic region is expected to be solid in 2010, with all Nordic countries seeing positive growth rates and modest inflation. Public finances also remain relatively strong.
- Nordea saw continued strong customer business in the second quarter of 2010, with increases in both corporate and household segment income, lending volumes, and the number of gold customers.
- Net interest income was down slightly due to the low interest rate environment, but customer operations trends remained solid with lending and deposit volumes up. Net fee and commission income increased due to higher corporate advice and strong performance in savings.
Infosys reported a 4.3% quarter-over-quarter growth in revenues to Rs. 6,198 crore for the first quarter of fiscal year 2011, backed by a 7.6% growth in volumes. However, earnings before interest and taxes (EBIT) margins fell by 1.8% due to annual wage hikes. Infosys revised its fiscal year 2011 revenue growth guidance upwards from 16-18% to 19-21% in rupee terms and maintained its earnings per share growth guidance of 7.2-11.5%. The growth was broad-based across services and verticals led by the banking, financial services and insurance sector.
The document is a letter to shareholders reporting on Credit Suisse Group's financial results for the first quarter of 2005. It states that Credit Suisse recorded net income of CHF 1.91 billion for Q1 2005, a 3% increase from Q1 2004. It also notes strong performance from Private Banking and Corporate & Retail Banking, while Institutional Securities saw mixed results. Overall, Credit Suisse made a solid start to 2005 and continues its plans to integrate its banking businesses globally.
Modern Times Group reported first quarter 2012 financial results. Sales increased 4% year-over-year to SEK 3,259 million. Operating expenses also increased 8% to SEK 2,919 million. EBIT before associated company income was SEK 341 million, down from SEK 432 million in the first quarter of 2011. Net income for the quarter was SEK 454 million.
SKF reported record operating profit and operating margin in 2010. It opened three new factories and acquired Lincoln Industrial to strengthen its lubrication systems business. In Q4 2010, all regions and divisions showed strong growth. However, higher raw material costs and currency headwinds will pose challenges in 2011. SKF will increase investments to support long-term profit and growth targets of 15% operating margin, 8% sales growth, and 27% return on capital employed.
Dover Corporation reported financial results for Q4 2008 and full year 2008. Q4 revenue declined 8% year-over-year due to softness across segments except Fluid Management. Full year revenue grew 3% driven by Fluid Management growth offsetting weakness elsewhere. Integration and restructuring programs achieved savings and positioned the company for continued improvements in 2009 despite challenging market conditions. Guidance for 2009 anticipates an 11-13% revenue decline but maintained strong free cash flow and earnings.
Hans Stråberg, President and CEO of Electrolux, presented the Q3 2009 results. The key points included:
- Record high earnings and improved results in all regions due to cost savings, price and mix improvements, and lower raw material costs despite weak market demand.
- Continued strong cash flow with over SEK 3.5 billion better operating cash flow than Q3 2008 due to positive earnings and improved working capital.
- All consumer durable regions showed cost reductions and mix improvements leading to increased margins despite weak markets, with Latin America seeing strong demand and Asia Pacific gaining market share.
Infosys reported strong revenue growth of 12.1% quarter-over-quarter for 2QFY2011, driven by persistent volume growth of 7.2% and better business mix. Operating margins rebounded to 33.3% from cost efficiencies. The company revised its FY2011 revenue guidance upwards to 24-25% growth and EPS growth to 10.4-12.2% in US dollar terms. Broad-based growth was seen across industries like retail, BFSI, and manufacturing as well as geographies like Europe and the US. Hiring continued to be strong though utilisation improved.
- Q1 2009 earnings (EBIT) were SEK 38m, excluding restructuring costs, compared to a loss of SEK 39m in Q1 2008. However, demand remained weak across all major markets.
- Restructuring efforts in China, Italy and Russia resulted in costs of SEK 424m. Ongoing cost-cutting measures helped offset the impact of lower sales volumes.
- Consumer durable sales declined in Europe, North America, and Latin America due to weak economic conditions. The US launch had a net negative impact of SEK 200m.
Nagarjuna Construction Company (NCC) reported disappointing 1QFY2011 results with revenues growing only 8.5% year-over-year, below expectations. Operating margins were in line with estimates at 9.7% however. The company maintained full-year revenue guidance of Rs5,800cr. NCC has a strong order backlog of Rs16,051cr, providing revenue visibility. While results were below estimates, management sees potential in its diversified operations and order backlog. The stock remains undervalued and analysts maintain a "Buy" rating given growth opportunities.
The interim report summarizes Nobia's financial performance in Q1 2012. Net sales declined 10% organically to SEK 2,934 million due to continued challenging markets. The Nordic region saw higher volumes while the UK and CE regions experienced lower sales. Earnings were reduced to SEK 22 million despite improved gross margins, due to lower volumes and a turnaround at Hygena taking longer than expected. Measures to improve efficiency and growth are aimed at achieving the target EBIT margin of 10%.
Novartis increased its dividend by 25% based on strong 2008 financial results. Net sales rose 9% to $41.5 billion due to growth in pharmaceuticals, vaccines and diagnostics, and consumer health. Operating income increased 32% to $9 billion. Net income grew 25% to $8.2 billion. The board proposed a dividend of CHF 2.00 per share, up from CHF 1.60 in 2007. Novartis expects another year of record results in 2009.
This interim report summarizes the financial performance of Ramirent for the first quarter of 2011. Key highlights include a 20.5% increase in net sales to 134.4 million euros, driven by improved demand across all business segments. EBITDA increased by 57.1% to 27.6 million euros compared to the same period last year. The report also provides an overview of construction market outlooks and order books in various Nordic countries, as well as segment reviews of Ramirent's operations in Finland and Sweden.
- Q3 2011 revenue was up 5% to €4.1 billion but EBITDA decreased 12% to €507 million due to weaker economic conditions and raw material price inflation.
- Decorative Paints revenue was up 5% but EBITDA decreased 25% due to the impacts above. Performance Coatings revenue also up 5% but EBITDA fell 5%.
- The company launched a major performance improvement program to deliver €500 million in additional EBITDA by 2014 through strategic initiatives.
AkzoNobel reported Q1 2012 results with revenue up 6% driven by pricing actions, though EBITDA was 3% lower due to weaker end markets and cost inflation. Net income declined due to higher incidental charges. Revenue increased across all business areas except Decorative Paints, which saw a 4% volume decline. The economic environment and raw material costs remain uncertainties for 2012.
- Revenue for Q1 2012 was up 6% to €3.9 billion, driven by pricing actions. EBITDA was down 3% at €423 million due to weaker end markets and cost inflation.
- Decorative Paints revenue increased 4% to €1.2 billion but EBITDA fell 16% due to lower volumes and higher costs. Performance Coatings revenue rose 11% to €1.4 billion with EBITDA up 15%, supported by acquisitions and currency effects.
- Specialty Chemicals revenue grew 4% to €1.4 billion while EBITDA declined 2% mainly in Functional Chemicals.
- The company is on track with its performance improvement
AkzoNobel reported its Q1 2010 results, with revenue increasing 6% to €3.2 billion and EBITDA growing 38% to €399 million. Volume growth was strong at 10% overall. The company saw improved demand across most businesses and regions. Outlook remains cautiously optimistic as volumes continue recovering from recessionary levels. AkzoNobel is on track to achieve 2014 targets, including an EBITDA margin of 14%, and will focus on cost reduction, cash generation, and capturing growth in high-growth markets.
The document summarizes AkzoNobel's Q4 and full year 2010 results. Key highlights include 12% revenue growth in 2010 to €14.6 billion, with EBITDA up 16% to €1.96 billion. Revenue growth was driven by 6% volume increase and 6% price increases. Decorative Paints revenue grew 9% in 2010 and Performance Coatings revenue increased 16%. The CEO outlined medium-term strategic goals including growing revenue to €20 billion and maintaining a 13-15% EBITDA margin.
WEG reported its 1Q11 results with year-over-year revenue growth of 18.7% and net income growth of 1.6%. Revenue from external markets grew 45.4% in local currency and 59.1% in US dollars. Cost of goods sold was impacted by higher steel and copper prices. EBITDA declined 9.3% due to negative impacts from foreign exchange rates on gross revenues and higher cost of goods sold, partially offset by volume increases. Cash flow from operations was positive and cash levels remained high. The company will continue investing in new production capacity to capture medium and long term growth opportunities globally.
Metso Corporation Interim Review January - March 2012 presentationMetso Group
The document provides an interim review of Metso Corporation for the first quarter of 2012. Some key highlights include:
- Order intake was strong at EUR 1,920 million, up 4% year-over-year. Net sales increased 22% to EUR 1,755 million.
- EBITA before non-recurring items was EUR 140 million, up 14% compared to Q1 2011.
- The mining and construction segment performed well with a 47% increase in EBITA. Automation profitability was weak.
- Cash flow was strong with free cash flow of EUR 116 million and cash conversion of 135%. The balance sheet remains solid.
The SKF Group reported strong financial performance in Q4 2010, with operating profit of SEK 2,202 million compared to SEK 1,004 million in 2009. Organic sales growth was 17.2% overall and in all divisions and regions. The acquisition of Lincoln Industrial was completed. The outlook for Q1 2011 was for significantly higher demand and manufacturing levels compared to Q1 2010.
Barclays Global Financial Services Conference, Fredrik Rystedt Nordea, New Yo...Nordea Bank
- GDP growth in the Nordic region is expected to be solid in 2010, with all Nordic countries seeing positive growth rates and modest inflation. Public finances also remain relatively strong.
- Nordea saw continued strong customer business in the second quarter of 2010, with increases in both corporate and household segment income, lending volumes, and the number of gold customers.
- Net interest income was down slightly due to the low interest rate environment, but customer operations trends remained solid with lending and deposit volumes up. Net fee and commission income increased due to higher corporate advice and strong performance in savings.
Infosys reported a 4.3% quarter-over-quarter growth in revenues to Rs. 6,198 crore for the first quarter of fiscal year 2011, backed by a 7.6% growth in volumes. However, earnings before interest and taxes (EBIT) margins fell by 1.8% due to annual wage hikes. Infosys revised its fiscal year 2011 revenue growth guidance upwards from 16-18% to 19-21% in rupee terms and maintained its earnings per share growth guidance of 7.2-11.5%. The growth was broad-based across services and verticals led by the banking, financial services and insurance sector.
The document is a letter to shareholders reporting on Credit Suisse Group's financial results for the first quarter of 2005. It states that Credit Suisse recorded net income of CHF 1.91 billion for Q1 2005, a 3% increase from Q1 2004. It also notes strong performance from Private Banking and Corporate & Retail Banking, while Institutional Securities saw mixed results. Overall, Credit Suisse made a solid start to 2005 and continues its plans to integrate its banking businesses globally.
Modern Times Group reported first quarter 2012 financial results. Sales increased 4% year-over-year to SEK 3,259 million. Operating expenses also increased 8% to SEK 2,919 million. EBIT before associated company income was SEK 341 million, down from SEK 432 million in the first quarter of 2011. Net income for the quarter was SEK 454 million.
SKF reported record operating profit and operating margin in 2010. It opened three new factories and acquired Lincoln Industrial to strengthen its lubrication systems business. In Q4 2010, all regions and divisions showed strong growth. However, higher raw material costs and currency headwinds will pose challenges in 2011. SKF will increase investments to support long-term profit and growth targets of 15% operating margin, 8% sales growth, and 27% return on capital employed.
Dover Corporation reported financial results for Q4 2008 and full year 2008. Q4 revenue declined 8% year-over-year due to softness across segments except Fluid Management. Full year revenue grew 3% driven by Fluid Management growth offsetting weakness elsewhere. Integration and restructuring programs achieved savings and positioned the company for continued improvements in 2009 despite challenging market conditions. Guidance for 2009 anticipates an 11-13% revenue decline but maintained strong free cash flow and earnings.
Hans Stråberg, President and CEO of Electrolux, presented the Q3 2009 results. The key points included:
- Record high earnings and improved results in all regions due to cost savings, price and mix improvements, and lower raw material costs despite weak market demand.
- Continued strong cash flow with over SEK 3.5 billion better operating cash flow than Q3 2008 due to positive earnings and improved working capital.
- All consumer durable regions showed cost reductions and mix improvements leading to increased margins despite weak markets, with Latin America seeing strong demand and Asia Pacific gaining market share.
Infosys reported strong revenue growth of 12.1% quarter-over-quarter for 2QFY2011, driven by persistent volume growth of 7.2% and better business mix. Operating margins rebounded to 33.3% from cost efficiencies. The company revised its FY2011 revenue guidance upwards to 24-25% growth and EPS growth to 10.4-12.2% in US dollar terms. Broad-based growth was seen across industries like retail, BFSI, and manufacturing as well as geographies like Europe and the US. Hiring continued to be strong though utilisation improved.
- Q1 2009 earnings (EBIT) were SEK 38m, excluding restructuring costs, compared to a loss of SEK 39m in Q1 2008. However, demand remained weak across all major markets.
- Restructuring efforts in China, Italy and Russia resulted in costs of SEK 424m. Ongoing cost-cutting measures helped offset the impact of lower sales volumes.
- Consumer durable sales declined in Europe, North America, and Latin America due to weak economic conditions. The US launch had a net negative impact of SEK 200m.
Nagarjuna Construction Company (NCC) reported disappointing 1QFY2011 results with revenues growing only 8.5% year-over-year, below expectations. Operating margins were in line with estimates at 9.7% however. The company maintained full-year revenue guidance of Rs5,800cr. NCC has a strong order backlog of Rs16,051cr, providing revenue visibility. While results were below estimates, management sees potential in its diversified operations and order backlog. The stock remains undervalued and analysts maintain a "Buy" rating given growth opportunities.
The interim report summarizes Nobia's financial performance in Q1 2012. Net sales declined 10% organically to SEK 2,934 million due to continued challenging markets. The Nordic region saw higher volumes while the UK and CE regions experienced lower sales. Earnings were reduced to SEK 22 million despite improved gross margins, due to lower volumes and a turnaround at Hygena taking longer than expected. Measures to improve efficiency and growth are aimed at achieving the target EBIT margin of 10%.
Novartis increased its dividend by 25% based on strong 2008 financial results. Net sales rose 9% to $41.5 billion due to growth in pharmaceuticals, vaccines and diagnostics, and consumer health. Operating income increased 32% to $9 billion. Net income grew 25% to $8.2 billion. The board proposed a dividend of CHF 2.00 per share, up from CHF 1.60 in 2007. Novartis expects another year of record results in 2009.
This interim report summarizes the financial performance of Ramirent for the first quarter of 2011. Key highlights include a 20.5% increase in net sales to 134.4 million euros, driven by improved demand across all business segments. EBITDA increased by 57.1% to 27.6 million euros compared to the same period last year. The report also provides an overview of construction market outlooks and order books in various Nordic countries, as well as segment reviews of Ramirent's operations in Finland and Sweden.
- Q3 2011 revenue was up 5% to €4.1 billion but EBITDA decreased 12% to €507 million due to weaker economic conditions and raw material price inflation.
- Decorative Paints revenue was up 5% but EBITDA decreased 25% due to the impacts above. Performance Coatings revenue also up 5% but EBITDA fell 5%.
- The company launched a major performance improvement program to deliver €500 million in additional EBITDA by 2014 through strategic initiatives.
AkzoNobel reported Q1 2012 results with revenue up 6% driven by pricing actions, though EBITDA was 3% lower due to weaker end markets and cost inflation. Net income declined due to higher incidental charges. Revenue increased across all business areas except Decorative Paints, which saw a 4% volume decline. The economic environment and raw material costs remain uncertainties for 2012.
- Revenue for Q1 2012 was up 6% to €3.9 billion, driven by pricing actions. EBITDA was down 3% at €423 million due to weaker end markets and cost inflation.
- Decorative Paints revenue increased 4% to €1.2 billion but EBITDA fell 16% due to lower volumes and higher costs. Performance Coatings revenue rose 11% to €1.4 billion with EBITDA up 15%, supported by acquisitions and currency effects.
- Specialty Chemicals revenue grew 4% to €1.4 billion while EBITDA declined 2% mainly in Functional Chemicals.
- The company is on track with its performance improvement
AkzoNobel reported its Q1 2010 results, with revenue increasing 6% to €3.2 billion and EBITDA growing 38% to €399 million. Volume growth was strong at 10% overall. The company saw improved demand across most businesses and regions. Outlook remains cautiously optimistic as volumes continue recovering from recessionary levels. AkzoNobel is on track to achieve 2014 targets, including an EBITDA margin of 14%, and will focus on cost reduction, cash generation, and capturing growth in high-growth markets.
The document summarizes AkzoNobel's Q4 and full year 2010 results. Key highlights include 12% revenue growth in 2010 to €14.6 billion, with EBITDA up 16% to €1.96 billion. Revenue growth was driven by 6% volume increase and 6% price increases. Decorative Paints revenue grew 9% in 2010 and Performance Coatings revenue increased 16%. The CEO outlined medium-term strategic goals including growing revenue to €20 billion and maintaining a 13-15% EBITDA margin.
WEG reported its 1Q11 results with year-over-year revenue growth of 18.7% and net income growth of 1.6%. Revenue from external markets grew 45.4% in local currency and 59.1% in US dollars. Cost of goods sold was impacted by higher steel and copper prices. EBITDA declined 9.3% due to negative impacts from foreign exchange rates on gross revenues and higher cost of goods sold, partially offset by volume increases. Cash flow from operations was positive and cash levels remained high. The company will continue investing in new production capacity to capture medium and long term growth opportunities globally.
Kemira Interim Report Q3/2011 result presentationKemira Oyj
Kemira reported higher revenue and profits for the third quarter of 2011 compared to the previous year. Revenue increased slightly due to 6% organic growth offset by divestments and currency effects. Operative EBIT also increased due to higher sales prices offsetting increased variable and fixed costs. For the paper segment, revenue decreased due to divestments and currency impacts, while operative EBIT margin declined slightly. The municipal and industrial segment saw revenue and operative EBIT increase due to higher sales prices and volumes. Kemira expects full year 2011 revenue and profits to be above 2010 levels despite rising raw material costs.
AkzoNobel Q4 2012 and Full Year 2012 Results Investor Update PresentationAkzoNobel
- In Q4 2012, AkzoNobel's revenue increased 3% to €3.673 billion driven by favorable currencies and pricing offsetting lower volumes, while EBITDA increased 3% to €363 million.
- For full-year 2012, revenue increased 5% to €15.39 billion due to currencies and pricing despite lower volumes, while EBITDA grew 4% to €1.901 billion.
- The performance improvement program exceeded its 2012 target, contributing €238 million in savings, and significant FTE reductions were achieved through restructuring.
SCA reported its year-end results for 2011. Sales increased 4% over the previous year driven by higher volumes and prices in the hygiene business. EBIT remained flat due to higher raw material costs and currency impacts offsetting the increased sales and cost savings. Profit before tax decreased 3% for the full year. For the fourth quarter, sales increased 1% while EBIT grew 1% as higher prices were offset by increased raw material costs and currency effects. The company proposed a 5% increase in dividend and discussed several strategic acquisitions and divestments.
Feb 16 2012 FYR 2011 conference call presentation (James Singh)Nestlé SA
The document summarizes Nestle's 2011 full year results. Key points include:
- Sales grew 7.5% organically to CHF 83.6 billion.
- Trading operating profit margin increased 60 basis points to 15%.
- Underlying earnings per share grew 7.8% in constant currencies.
- All regions and most categories delivered growth, with emerging markets performing strongly.
Masco's 2011 financial performance was disappointing due to a challenging environment including a flat housing market, difficult economic conditions in Europe, and commodity cost pressures. Key metrics such as adjusted EPS, margins, and free cash flow declined compared to 2010. Masco took actions in 2011 to reduce costs and rationalize underperforming businesses in order to better position the company for the current environment and future recovery.
Ferrovial reported its 2011 full year results. The document contained forward-looking statements that are based on estimates and assumptions, and are subject to risks and uncertainties. Analysts and investors are cautioned not to place undue reliance on forward-looking statements.
Ferrovial had a strong year of cash generation, debt reduction, and divestments. Key highlights included over €1.4 billion in cash flow excluding infrastructure projects, a net cash position of €907 million excluding projects, and value obtained from divestments exceeding market expectations. Business units reported revenue and EBITDA growth across most segments.
Looking ahead, Ferrovial is well positioned with a strong balance sheet and liquidity.
Presentación de Resultados Ferrovial 2011Ferrovial
Ferrovial reported its 2011 full year results. The document contained forward-looking statements that are based on estimates and assumptions, and are subject to risks and uncertainties. Analysts and investors are cautioned not to place undue reliance on forward-looking statements.
Ferrovial had a strong year of cash generation, debt reduction, and divestments. Key highlights included over €1.4 billion in cash flow excluding infrastructure projects, a net cash position of €907 million excluding projects, and value obtained from divestments exceeding market expectations. Business units reported revenue and EBITDA growth across most segments. Ferrovial is well positioned with a strong balance sheet and liquidity to invest in future growth opportunities
Stora Enso Interim Review January-March 2011Stora Enso
- Sales and earnings more than doubled in Q1 2011 compared to Q1 2010, with sales up 19% and operating profit excluding items up 108%.
- Higher prices and continued productivity improvements drove earnings growth. However, inflation increased costs and limited further earnings growth.
- The company will continue efforts to fight inflation, which is estimated to increase costs by 4% for the full year 2011 compared to 2010.
SGS Group reported financial results for the first half of 2011. Total revenue grew 12.8% at constant currency rates to CHF 2.3 billion, driven by 9.7% organic growth and acquisitions contributing 3.1%. Adjusted operating income increased 12.0% at constant currency rates to CHF 374 million, with the margin remaining stable at 16.0%. The company expects solid top line growth of over 10% for 2011 along with increased investments lowering operating margins slightly compared to 2010.
- Veolia reported revenue of €8.16 billion for Q1 2011, an increase of 11.3% from Q1 2010, driven by foreign exchange impacts. On a constant scope and exchange rate basis, revenue rose 9.6%.
- Adjusted operating cash flow was €997 million, a 3.7% increase from Q1 2010. Adjusted operating income fell 1.1% to €636 million due to exchange rates.
- Net financial debt declined by €707 million from year-end 2010 to €14.51 billion, helped by the refinancing of the new Veolia Transdev entity.
The document summarizes SKF Group's first quarter 2010 results. Key points include strong operating profit and margin compared to the previous year. Production levels and demand outlook increased during the quarter, though sales were negatively impacted by price and mix factors. The company inaugurated two new factories in India and adjusted manufacturing capacity in Sweden. Guidance for Q2 2010 indicated further sales growth compared to Q1 2010 across regions and divisions.
Akzo nobel press conference presentation q2 2010AkzoNobel
AkzoNobel reported financial results for the second quarter of 2010. Revenue increased 13% to €3.9 billion, driven by an 8% increase in volumes. EBITDA rose 21% to €614 million and the EBITDA margin improved to 15.7%. The company achieved its strategic goal of a 14% EBITDA margin, exceeding its target of the end of 2011. AkzoNobel also integrated the ICI acquisition and achieved €340 million in synergies, one year ahead of schedule. The company remains focused on outgrowing its markets and further improving profitability and sustainability performance.
Similar to AkzoNobel Q2 2011 Media Presentation (20)
The document provides an investor update on AkzoNobel's Q1 2016 results. Key highlights include:
- Volumes and profitability increased in all business areas despite challenging markets and currency headwinds.
- Operating income was up 17% and net income attributable to shareholders was up 50%.
- Net cash outflow was reduced significantly.
- An offer was agreed to acquire BASF's Industrial Coatings business.
- A €500 million bond was issued with a ten-year maturity and 1.125% coupon rate.
AkzoNobel reported improved financial performance in Q3 2015 compared to Q3 2014. Net income attributable to shareholders was up 39% and adjusted earnings per share increased 35%. Revenue increased 2% due to currency effects offsetting lower prices and volumes. All business areas were impacted by challenging market conditions but achieved improved operating income through cost reductions and currency benefits. AkzoNobel remains on track to meet 2015 targets and deliver further performance improvements.
AkzoNobel reported strong financial results for Q2 2015, with operating income up 38% year-over-year. All business areas showed improved performance driven by cost reductions and currency effects. The company completed the divestment of its Paper Chemicals business and concluded the triennial review of its ICI Pension Fund, reducing future cash contributions. AkzoNobel is on track to meet its targets for 2015 and continues progressing its strategic initiatives.
AkzoNobel Q1 2015 results media presentationAkzoNobel
The document summarizes the company's financial results for Q1 2015. Revenue increased 6% to €3.591 billion due to favorable currency effects, though volume growth was mixed by region. Operating income grew 42% to €306 million due to process optimization efforts, reduced restructuring expenses, and lower costs. All business segments saw revenue and operating income increases. The company is on track to meet its 2015 targets despite challenges in some regions.
AkzoNobel reported improved financial results for Q1 2015 compared to Q1 2014. Revenue increased 6% to €3.59 billion driven by favorable currency effects, which offset lower volumes. Operating income grew 42% to €306 million due to process optimization efforts, reduced restructuring expenses, and lower costs. Adjusted earnings per share increased 25% to €0.76. The company is on track to achieve its 2015 targets despite ongoing challenging market conditions.
AkzoNobel reported its Q3 2014 results. Operating income increased 11% to €335 million due to improvement actions and lower restructuring charges. Revenue declined 2% due to currency effects and divestments offsetting 1% volume growth. Return on sales improved to 9.1% from 8% in Q3 2013. All business areas saw continued impact from fragile economic conditions with Decorative Paints revenue down 8% and Performance Coatings flat. Specialty Chemicals operating income rose 46% due to cost control despite 1% lower revenue. AkzoNobel is on track to meet its 2015 targets despite economic challenges.
- AkzoNobel reported financial results for Q3 2014, with revenues down 2% due to currency effects and divestments offsetting 1% volume growth. Operating income was €335 million, up 11% year-over-year.
- All business areas saw continued fragile economic conditions impacting volumes. Decorative Paints revenues fell 8% due to divestments despite flat volumes. Performance Coatings revenues were flat as positive volumes offset negative price/mix and currencies. Specialty Chemicals revenues fell 1% on currency effects despite flat volumes.
- AkzoNobel remains on track to meet its 2015 targets despite the challenging economic environment and continues implementing improvement programs across all business areas.
The document summarizes AkzoNobel's Q2 2014 results. It discusses positive volume growth across all three business areas but an overall 4% revenue decline mainly due to adverse currency effects. Operating income was up 10% and return on sales improved from 8.3% to 9.5%. The company is on track to meet its 2015 targets despite currency challenges and fragile economic conditions.
The document provides an investor update on AkzoNobel's Q2 2014 results. Key highlights include positive volume growth across all three business areas, though revenue declined 4% mainly due to adverse currency effects. Operating income increased 10% to €353 million and return on sales improved to 9.5% from 8.3% in Q2 2013. AkzoNobel is on track to deliver its 2015 targets despite currency and economic challenges. The update reviews financial and operational performance across AkzoNobel's business areas and concludes the company is making progress on its financial targets.
The document summarizes AkzoNobel's Q1 2014 results. Volumes increased in all three business areas but revenues were down 2% due to a 5% adverse impact from currency effects. Operating income was flat at €216 million despite higher restructuring costs and currencies. Net income increased to €129 million. The company is on track to meet its 2015 targets despite expected continued economic weakness and currency volatility in 2014.
- Volumes and price/mix were up in all three business areas, but revenues were down 2% due to a 5% negative impact from adverse currency effects.
- Operating income was flat at €216 million as higher restructuring costs and currencies offset gains from cost control and efficiencies.
- Net income increased to €129 million mainly from lower financing expenses.
AkzoNobel Q4 and FY 2013 Results Press briefingAkzoNobel
The document provides an overview of AkzoNobel's 2013 full-year results and Q4 performance. Key points include:
- Revenues declined 5% in 2013 due to currency headwinds, divestments, and weaker end markets.
- Operating income increased 6% to €958 million despite revenue decline, helped by cost savings.
- All business areas saw volume growth in Q4 2013, though revenue declined due to currencies.
- The performance improvement program delivered over €500 million in savings, ahead of schedule.
- Net debt was reduced significantly through divestments, cash flow, and pension de-risking actions.
AkzoNobel Q4 and Full Year 2013 Results Investor Update PresentationAkzoNobel
The document provides an investor update on AkzoNobel's full-year 2013 and Q4 results. Some key points:
- Revenue for 2013 was down 5% due to adverse currency effects and divestments, but operating income increased 6% to €958 million.
- Net debt was reduced significantly from €2.3 billion in 2012 to €1.5 billion in 2013.
- The performance improvement program delivered over €500 million in savings, exceeding its target one year ahead of schedule.
- Volumes improved in all business areas in Q4 2013 compared to a year ago, though revenues were down due to currency impacts.
- The company remains on track to deliver its 2015 targets despite challenging market
AkzoNobel's Q3 2013 revenue was down 5% due to adverse currency effects and divestments. Operating income increased due to lower restructuring costs and higher volumes. Net income attributable to shareholders was €155 million. The performance improvement program is on track to deliver €500 million in EBITDA benefits by the end of 2013. However, continued weak markets and higher restructuring charges mean full-year operating income is unlikely to exceed €908 million.
- Revenue for Q3 2013 was down 5% to €3.78 billion due to adverse currency effects and divestments. Operating income was €303 million, up 22% from 2012 excluding impairment, driven by lower restructuring costs and higher volumes.
- Decorative Paints revenue was stable with higher volumes offsetting currency effects. Operating income more than doubled due to lower costs. Performance Coatings revenue declined 4% on currency impacts, while operating income rose 23% on lower restructuring costs. Specialty Chemicals revenue fell 10% on divestment and currency impacts, with operating income down 20% mainly due to restructuring costs.
- Full year 2013 operating income is unlikely to exceed €908
The document provides an investor update on AkzoNobel's Q2 2013 results. Key highlights include revenue declining 4% due to divestments, operating income of €322 million, and net income attributable to shareholders of €429 million. Challenging market conditions impacted Decorative Paints and Specialty Chemicals in particular. The Performance Improvement Program delivered €131 million in benefits in 1H2013 and is on track to achieve its €500 million target by year-end. Restructuring costs are expected to be €325 million for the full year.
The document provides an investor update on Q1 2013 results for AkzoNobel. It can be summarized as follows:
- Revenue was down 7% due to weak demand in Europe and divestments. Operating income was also down but cash from operating activities improved.
- All business areas saw weaker demand in Europe with Decorative Paints, Performance Coatings, and Specialty Chemicals volumes down 1-4% year-over-year.
- Challenging market conditions in Europe negatively impacted price/mix and volumes across the business areas. The pension deficit was reduced and net income attributable to shareholders increased slightly.
The document provides an investor update on AkzoNobel's Q3 2011 results. Some key points:
- Revenue increased 5% driven by pricing actions to offset raw material cost inflation, but weaker economic conditions and continued raw material price inflation impacted results.
- EBITDA decreased 12% to €507 million due to lower Decorative Paints results.
- A major performance improvement program was launched to deliver €500 million in EBITDA by 2014 through initiatives across functions and businesses.
- Decorative Paints revenue grew 5% but EBITDA decreased 25% due to weaker demand, unfavorable product mix, and higher raw material costs in Europe and North America.
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Madhya Pradesh, the "Heart of India," boasts a rich tapestry of culture and heritage, from ancient dynasties to modern developments. Explore its land records, historical landmarks, and vibrant traditions. From agricultural expanses to urban growth, Madhya Pradesh offers a unique blend of the ancient and modern.
The Impact of Generative AI and 4th Industrial RevolutionPaolo Maresca
This infographic explores the transformative power of Generative AI, a key driver of the 4th Industrial Revolution. Discover how Generative AI is revolutionizing industries, accelerating innovation, and shaping the future of work.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
KYC Compliance: A Cornerstone of Global Crypto Regulatory FrameworksAny kyc Account
This presentation explores the pivotal role of KYC compliance in shaping and enforcing global regulations within the dynamic landscape of cryptocurrencies. Dive into the intricate connection between KYC practices and the evolving legal frameworks governing the crypto industry.
Vicinity Jobs’ data includes more than three million 2023 OJPs and thousands of skills. Most skills appear in less than 0.02% of job postings, so most postings rely on a small subset of commonly used terms, like teamwork.
Laura Adkins-Hackett, Economist, LMIC, and Sukriti Trehan, Data Scientist, LMIC, presented their research exploring trends in the skills listed in OJPs to develop a deeper understanding of in-demand skills. This research project uses pointwise mutual information and other methods to extract more information about common skills from the relationships between skills, occupations and regions.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
South Dakota State University degree offer diploma Transcriptynfqplhm
办理美国SDSU毕业证书制作南达科他州立大学假文凭定制Q微168899991做SDSU留信网教留服认证海牙认证改SDSU成绩单GPA做SDSU假学位证假文凭高仿毕业证GRE代考如何申请南达科他州立大学South Dakota State University degree offer diploma Transcript
Dr. Alyce Su Cover Story - China's Investment Leadermsthrill
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
4. Q2 2011 highlights
• Revenue up 8 percent driven by volume and pricing,
before currency headwind of 3 percent
• Raw material inflation, challenging trading conditions and
one-off factors lowered the quarter’s EBITDA* to €551
million (2010: €614 million)
• Net income at €268 million (2010: €273 million)
• Investments in growth and RD&I initiatives underpinning
medium-term growth ambitions
• Additional performance improvement measures underway,
more details in H2
* Before incidentals
Press conference Q2 2011 results 3
5. Q2 2011 revenue and EBITDA
€ million Q2 2011 Δ%
Revenue 4,097 5
EBITDA* 551 (10)
Ratio, % Q2 2011 Q2 2010
EBITDA* margin 13.4 15.7
Revenue development Q2 2011 vs. Q2 2010
10 +1%
-3%
5 +4%
+5%
+3%
0
Volume Price/Mix Acquisitions/ Exchange Total
divestments rates
* Before incidentals Increase Decrease
Press conference Q2 2011 results 4
7. Decorative Paints Q2 2011 highlights
• Revenue increased 8 percent before a negative currency
impact of 4 percent
• EBITDA decreased 5 percent before a negative currency
impact of 2 percent
• Continued momentum in high-growth markets
• Demand in mature markets declined in the quarter
• Further price increases are being implemented to
compensate for higher raw material costs
• Weaker performance in Europe was the main driver of the
lower EBITDA result
* Before incidentals
Press conference Q2 2011 results 6
9. Performance Coatings Q2 2011 highlights
• Revenue increased 8 percent before a negative currency
impact of 4 percent, volumes up 2 percent
• EBITDA was down by 7 percent before a negative
currency translation effect of 4 percent
• Ongoing price increases to offset higher raw material cost
• EBITDA margin at 13.0 percent (2010: 15.2 percent)
• The Marine and Wood Finishes segments impacted by
weaker economic conditions
• Recent acquisitions contributed positively to results
* Before incidentals
Press conference Q2 2011 results 8
11. Specialty Chemicals Q2 2011 highlights
• Revenue increased 9 percent before a negative currency
impact of 2 percent, volumes increased 1 percent
• EBITDA was down by 12 percent before a negative
currency translation effect of 2 percent
• Utilization rates have continued to be high
• Increased raw material costs and unfavorable currency
effect compressed margins
• Prolonged site maintenance stops impacted the quarter
• EBITDA decreased to €220 million (2010: €257 million)
• EBITDA margin was 16.3 percent (2010: 20.4 percent)
* Before incidentals
Press conference Q2 2011 results 10
14. Year-on-year Operating Working Capital %
of revenue reducing towards 12 percent
OWC
€ million
2500 18%
16.2% 17%
15.6% 15.3% 16%
14.6% 15.0%
2000 14.5%
15%
13.7% 14.1% 13.9%
14%
13%
1500
12%
2,238 2,007 1,691 2,037 2,346 2,191 2,016 2,317 2,389
11%
1000 10%
2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11
OWC
OWC as % of LQ revenue*4
Press conference Q2 2011 results 13
15. Our dividend policy
We intend to pay a stable to rising dividend
• An interim and a final dividend will be paid
• Cash dividend default, stock dividend optional
2010 total dividend €1.40 per share€1.80 4% from 2009
€1.20 €1.20
– up €1.35
• The final 2010 dividend of €1.08 was paid on May 10, 2011
• The 2011 interim dividend will be announced on October 20, 2011
Press conference Q2 2011 results 14
16. Raw materials have continued to rise in
the quarter
• Raw material prices have continued to rise in the second
quarter and have impacted all three Business Areas
• They are now around 20 percent higher than a year ago
• With our margin management efforts still ongoing, we
remain confident that we continue to make progress to
mitigate this pressure
Press conference Q2 2011 results 15
18. Our medium term strategic goals
• Top quartile safety
performance
• Top 3 position in sustainability
• Top quartile performance in
diversity, employee engagement,
and talent development
• Top quartile eco-efficiency
improvement rate
• Grow to €20 billion revenues
• Increase EBITDA each year,
maintaining 13-15% margin
• Reduce OWC/revenues by 0.5
p.a. towards a 12% level
• Pay a stable to rising dividend
Press conference Q2 2011 results 17
19. Aspirations for high-growth markets
Currently around 40 percent of our revenue
Double revenues in China
• Grow from $1.5 to $3 billion of revenues
• Already the biggest Paint, Coatings and Specialty Chemicals company
in China
Create significant footprint in India
• Grow from €0.25 to €1 billion of revenues
• Increasing footprint for all business areas
Outgrow the competition in Brazil
• Grow from €0.75 to €1.5 billion of revenues
• Become clear market leader in all our activities
Expand in the Middle East
Press conference Q2 2011 results 18
20. High-growth markets will become
significantly more important
% of revenue, indicative
32%
‘Mature’ Europe
9%
18% ‘Emerging’ Europe
North America
25%
5%
Asia Pacific
ME&A
11%
Latin America
High-growth markets will be around 50% of revenue in this decade
Press conference Q2 2011 results 19
21. Q2 2011 highlights
Investing in growth
• €140 million investment in Frankfurt site, Germany
• €110 million proposed investment in new Decorative Paints site, UK
• Opening global RD&I center in Deventer, Netherlands
• Opening Fire Protection lab Felling, UK
• Tio2 partnership with CAVA, China
• Acquisition of Schramm Holding (Specialty Plastics in Asia)
• Acquisition IBT’s Zeta Fraction Technology, USA
Press conference Q2 2011 results 20
22. Pipeline 2011
Powder Coatings – LAT Pipe Coating
In-field powder coating for pipe joints
Key features Customers benefits
• Coating application in-field • In-field powder coated field joints
instead of in factory offer better protection
• Reduced pre-heating of pipes • Lower temperature cure will result
from 230°C to 180°C in energy savings for customers
Growth potential
• After successful trialing, product
will be launched late 2011
• Immediate potential sale on large
pipeline project
• Allows penetration of new markets
Press conference Q2 2011 results 21
23. Pipeline 2011
Industrial Chemicals – Meso tartrate (mTA)
The next green generation anti-caking agent for salt
Key Features Customer Benefits
• Fully biodegradable and safe • 5 percent lower power consumption
• Superior performance in • Increased lifetimes of membranes
membrane electrolysis and electrodes
chorine production
• Costs savings for chlorine
industry
Growth potential
• Successful launch into the
European market
• Being trialed in China – a 28M
tonne/annum vacuum salt market
• Extension into de-icing and edible
salt applications
Press conference Q2 2011 results 22
24. Pipeline 2011
Decorative Paints – Dulux Promise
Extending the Dulux brand to mid tier market in India
Key Features Customer Benefits
• Highly durable water based • Great value paint in a popular price
emulsion paint, ideal for dry or tier in high growth markets
humid climatic conditions • Anti-fading properties helps protect
• Best-in-class quality product at and retain the color on exterior walls
parity pricing
• Color guard technology
Growth potential
• Launched across India in 2011
• Record growth of 63 percent YTD,
three times the category growth rates
• Significant market share growth in mid
tier exterior emulsion in the next years
Press conference Q2 2011 results 23
25. Outlook 2011
Press conference Q2 2011 results 24
26. Outlook 2011
We expect full-year 2011 EBITDA to be at least in line
with the prior year, assuming no further deterioration in
economic conditions
Press conference Q2 2011 results 25
28. Safe Harbor Statement
This presentation contains statements which address such key issues as
AkzoNobel’s growth strategy, future financial results, market positions, product
development, products in the pipeline, and product approvals. Such statements
should be carefully considered, and it should be understood that many factors could
cause forecasted and actual results to differ from these statements. These factors
include, but are not limited to, price fluctuations, currency fluctuations, developments
in raw material and personnel costs, pensions, physical and environmental risks, legal
issues, and legislative, fiscal, and other regulatory measures. Stated competitive
positions are based on management estimates supported by information provided by
specialized external agencies. For a more comprehensive discussion of the risk
factors affecting our business please see our latest Annual Report, a copy of which
can be found on the company’s corporate website www.akzonobel.com.
Press conference Q2 2011 results 27